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Tencent and Alibaba sales disappoint as AI monetization efforts fall short

Chinese tech titans Tencent and Alibaba are betting heavily on integrating in-house AI into their vast ecosystems. (Source photos by Tomoko Wakasugi and Itsuro Fujino) CISSY ZHOU and LORRETTA CHEN HONG KONG — Tencent Holdings and Alibaba Group missed sales expectations for the March quarter, as they were unable to monetize artificial intelligence as quickly […]

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Nikkei launches new stock index tracking Japan’s entertainment industry

Announcements Sony Group, Nintendo among initial constituents of 20-member gauge New index reflects growing clout of Japan’s content-driven companies. TOKYO — Nikkei announced on Wednesday that it will begin calculating and publishing a new stock index, the Nikkei Japan Entertainment Content Stock Index, aiming to capture the share price trends of Japanese companies behind globally […]